BMW Reports Q1 2011 Results
The German manufacturer sold a record 23,109 motorcycles over the first quarter, for a 10.9% increase from the 20,840 units sold in the first three months of 2010. Sales in January and February were up more than 20% from last year’s sales figures. BMW sold 11,675 motorcycles in March, accounting for more than half of the quarter’s sales.
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BMW’s Husqvarna subsidiary also saw increased sales over the first quarter with 1,940 units sold (up 18.3% from the 1,640 units sold in the first quarter of 2010). While sales in January and February were higher than 2010 figures, year-on-year March sales were down 17.0%.
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